Read my “July 26” post from 3 months ago. Another prediction comes true today. There will be more.
ConocoPhillips Layoffs 2019
Post any information about potential or actual ConocoPhillips Layoffs in 2019?
Closure and Dismantling of Bartlesville is nearing
The COP CIO has announced that he is "all in" with the cloud, that should start the downsizing of Bartlesville IT. Phillips 66 is doing the same thing and their layoffs are to resume Jan 1 2019 in Bartlesville/Worldwide. I am guessing the next two... — read more
Conocophillips beat analyst estimates on Q3 earninhs
It looks like the numbers are looking good in the Q3 financial results. Was hoping to get some thoughts on can we continue performing at this pace in Q4, or is this just a reflection of the peak of the oil market... — read more
ConocoPhillips has cut 10 percent of Houston workforce in 2018
That number includes open jobs that the company didn’t fill, said Al Hirshberg, ConocoPhillips’ executive vice president of production, drilling and projects. The cuts were a part of ConocoPhillips’ efforts to reduce costs, efforts that Hirshberg... — read more
So is part of our goals at COP to now post sh--ty LinkedIn articles?
It seems to be the new trend among ‘high-pots’ who I know for a fact have no freaking clue what they are doing or talking about. For the night is dark and full of terrors
Some good points why workers are staying at ConocoPhillips
It’s quite simple actually. Conocophillips handled the downturn extremely well and employees saw that. Literally non-stop fear and anxiety for many many folks who knew their time of coasting was up, but the rot needed to be cured which was seen as a... — read more
COP best place to work
As per the new polls Cop is the best global company to work for in the world. Just search it on net. Anyone spreading false news and badmouthing the company should be worried now.
Some good points why workers are quitting ConocoPhillips
It’s quite simple actually. Conocophillips handled the downturn extremely horrible and employees saw that. Literally non-stop fear and anxiety for many many folks. Conocophillips is engulfed in internal politics, bureaucracy, and corporate red tape... — read more
Since it was stated that people are quitting left and right...
Since it was stated that people are quitting left and right... Would anyone care to comment on this. Is it due to poor company morale after the layoffs for the past 3 years? Poor company performance or just that things are busy and people are getting... — read more
Why are people quitting?
Since it was stated that people are quitting left and right....would anyone care to comment on this. Is it due to poor company morale after the layoffs for the past 3 years? Poor company performance or just that things are busy and people are getting... — read more
GPBU Townhall
Didn't everyone love the town hall? When you present a "word cloud" that your 350+k/year leadership team worked on at an offsite like a high school student council on a leadership retreat its a great use of time. Especially when one of the words is... — read more
Oh snap COP -5.53% today!!! Haters are hating now!!!
The mythical COP stock price isn’t tied to the oil price is it? Once again there is no gold star management at this company, only a hope that the higher oil prices and stock buybacks can prop this sinking ship up for another year. Oh yeah selling all... — read more
RSU Vesting
If you left the company last month what date do your RSU’s vest in your Merrill Lynch account?
Employee survey
Is it time for a formal employee survey?
We are all about the 80% solution at COP
But it is still 80% more BS work than independents do! It’s not what we do, it’s how we do it.
Another asset sale
Woke up with news of another asset sale a few days back. Not that it’s not common but it felt like we are selling company in bits and pieces to get through another quarter of poor performance. I am now firm believer that company is intentionally... — read more
Bartlesville Layoffs and Closure
Although Bartlesville narrowly escaped this time, it's time is obviously limited. No new hires want to be stranded in Bartlesville and most of us want to transfer out of Bartlesville at first opportunity! Even our friends that were laid off in... — read more
Need a Lawyer
Can somebody recommend a good lawyer? or share any experience with this?
Age 55
To the ignorant know-it-all’s and trolls who insulted me, read the huge complicated employee benefits handbook. Read carefully, and you’ll find the “rule of 85” and the age 55 number. For those who insulted my post, how would you like it if at age 15... — read more
Expert Witness
Any bids out there for someone who could burn this house of cards to the ground with accurate, inside information about how poorly this company has been run for decades?
ConocoPhillips parody film?
Interesting look at life and layoffs in oil and gas by a former CPC employee. https://calgaryherald.com/entertainment/movies/alternative-energy-former-engineers-insider-look-at-life-loneliness-and-layoffs-in-the-oilpatch-with-debut-circle-of-steel I... — read more
Does anyone else wish they were let go?
Seriously, this company is pure evil. The damage done is generational. All so some butt sniffer can get their next promotion and rung on the ladder and no regard for the impact to actual people of their short sighted decisions
Employees leave bosses not companies
It’s been said many times but the harsh truth. Employees who get laid off or leave on their own are all responsibilities of (except some real bad cases) the supervisors. It’s supervisors job to keep employees motivated and recognize their efforts... — read more
My Short Good-Bye
Long term employee here, let go last Monday. My background: many of you know me. Hired directly out of college, now layed off several months before I was able to retire at age 55. After our leader said “no more layoffs” in February I thought I’d made... — read more
Previous Post
Read the post “July 26” from more than two months ago, and see that almost all of these predictions from three weeks before 2nd quarter results have come true.
Bartlesville closure
Bartlesville survives another year, how long can they continue to survive? If you live and work in Bartlesville and you are not close to retirement age then transfer to Houston or go to work for another company if you can sell your home. One thing... — read more
Next time
Peace out, to. Have yourself a good year, an we see ya next year, right here.
The price of not being diversified
This couldn’t be more true, not only from investment point of view, but also from the aspect of the Conocophilips’s future. Too many companies way ahead of us. When oil takes a downturn on the world market once again, and it will, putting all eggs in... — read more
Deck Chairs Reshuffled
....but the same management. Still too many layers and top heavy, I guess it gives HR a job prepping for the next round in a year.
North Slope, Alaska
5% reduction in workforce with an increase in supervision to improve efficiency.
Any more layoffs today?
Or was yesterday it?
Layoffs will keep happening
Look at number of employees at our nearest competitors. EOG for example has one fifth the number of employees that we do. We have five or six times if not more employees than comparable E&P companies. This is what Wall Street keeps pointing out and... — read more
The unconventional powerhouse that isn’t COP
We have yet to drill a profitable well in the Delaware, yet we have a large group that still works the asset? How much money has that thing s---ed up as of yet? Same for Niobrara, we walked on a billion dollar deal only to continue pouring money into... — read more
Bartlesville Town Hall
From Ryan’s mouth at the Bartlesville Town Hall just now, “We are not and we will not close Bartlesville”
DSG is Trash
The reason so many geologists were let go is because of the software they use. If they were allowed to use something other than DSG they'd be able to show the company how great they are and would still be here. The software was holding them back!... — read more
Improvement Suggestion
Here is my suggestion on how to improve this site - It'd be good that when any topic has a reply it is bumped to the top of the list? It would save looking up and down to check what discussions had the latest replies. It would save a ton of time and... — read more
COP, a top energy bet... Hmmm...
https://seekingalpha.com/article/4203983-conocophillips-top-energy-bet-current-energy-bull-market
How many more will be laid off?
Look at number of employees at our nearest competitors. EOG for example has one fifth the number of employees that we do. We have five or six times if not more employees than comparable E&P companies. This is what Wall Street keeps pointing out and... — read more